DOGG vs. NVDY

Last updated Jun 4, 2026

DOGG (FT Vest DJIA Dogs 10 Target Income ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - DOGG is a Derivative Income fund actively managed by FT Vest, while NVDY is a Options Trading fund actively managed by YieldMax. Both are actively managed. Over the past 3 years, DOGG returned 11.91%/yr vs 54.54%/yr for NVDY. At a correlation of -0.03, they often move in opposite directions. DOGG charges 0.75%/yr vs 0.99%/yr for NVDY.

Performance

DOGG vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOGG achieves a 5.09% return, which is significantly lower than NVDY's 13.06% return.

DOGG

• 1D: -0.02%
• 1M: 0.22%
• YTD: 5.09%
• 6M: 4.26%
• 1Y: 15.85%
• 3Y*: 11.91%
• 5Y*: —
• 10Y*: —

NVDY

• 1D: -2.22%
• 1M: 5.54%
• YTD: 13.06%
• 6M: 17.67%
• 1Y: 46.64%
• 3Y*: 54.54%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DOGG vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DOGG FT Vest DJIA Dogs 10 Target Income ETF	5.09%	19.43%	-2.58%	16.99%
NVDY YieldMax NVDA Option Income Strategy ETF	13.06%	27.38%	114.23%	42.02%

Correlation

The correlation between DOGG and NVDY is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (All Time) Calculated using the full available price history since May 12, 2023	-0.03

The correlation between DOGG and NVDY shifts across timeframes, from -0.16 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DOGG vs. NVDY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DOGG

DOGG Risk / Return Rank: 40
DOGG Sharpe Ratio Rank: 44
DOGG Sortino Ratio Rank: 44
DOGG Omega Ratio Rank: 41
DOGG Calmar Ratio Rank: 39
DOGG Martin Ratio Rank: 31

NVDY

NVDY Risk / Return Rank: 52
NVDY Sharpe Ratio Rank: 49
NVDY Sortino Ratio Rank: 45
NVDY Omega Ratio Rank: 44
NVDY Calmar Ratio Rank: 72
NVDY Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DOGG vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) and YieldMax NVDA Option Income Strategy ETF (NVDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DOGG	NVDY	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.72	-0.19
Sortino ratio: Return per unit of downside risk	2.22	2.29	-0.07
Omega ratio: Gain probability vs. loss probability	1.27	1.29	-0.02
Calmar ratio: Return relative to maximum drawdown	1.92	3.66	-1.74
Martin ratio: Return relative to average drawdown	4.53	9.00	-4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOGG vs. NVDY - Sharpe Ratio Comparison

The current DOGG Sharpe Ratio is 1.53, which is comparable to the NVDY Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of DOGG and NVDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DOGG	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	1.72	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.64	-0.79

Drawdowns

DOGG vs. NVDY - Drawdown Comparison

The maximum DOGG drawdown since its inception was -11.19%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for DOGG and NVDY.

Drawdown Indicators

	DOGG	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	-11.19%	-34.08%	+22.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-12.81%	+4.52%
Max Drawdown (3Y) Largest decline over 3 years	-11.19%	-34.08%	+22.89%
Current Drawdown Current decline from peak	-7.62%	-6.66%	-0.96%
Average Drawdown Average peak-to-trough decline	-3.22%	-6.15%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	5.20%	-1.70%

Volatility

DOGG vs. NVDY - Volatility Comparison

The current volatility for FT Vest DJIA Dogs 10 Target Income ETF (DOGG) is 3.20%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.46%. This indicates that DOGG experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOGG	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	9.46%	-6.26%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	20.68%	-12.64%
Volatility (1Y) Calculated over the trailing 1-year period	10.43%	27.35%	-16.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.97%	38.24%	-25.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.97%	38.24%	-25.27%

DOGG vs. NVDY - Expense Ratio Comparison

DOGG has a 0.75% expense ratio, which is lower than NVDY's 0.99% expense ratio.

Dividends

DOGG vs. NVDY - Dividend Comparison

DOGG's dividend yield for the trailing twelve months is around 8.90%, less than NVDY's 61.36% yield.

Position	TTM	2025	2024	2023
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.90%	8.75%	9.92%	5.89%
NVDY YieldMax NVDA Option Income Strategy ETF	61.36%	83.10%	83.65%	22.32%

Frequently Asked Questions

Can I hold both DOGG and NVDY in my portfolio?

DOGG and NVDY have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOGG or NVDY?

NVDY has higher volatility (9.46%) compared to DOGG (3.20%). In terms of maximum drawdown, DOGG dropped -11.19% vs NVDY's -34.08%.

Which ETF is better, DOGG or NVDY?

On 3-year performance, NVDY leads with 54.54% vs 11.91% for DOGG. On fees, DOGG is cheaper at 0.75% per year. On volatility, DOGG has been the lower-risk option at 3.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DOGG or NVDY?

Over the 3-year period, NVDY has performed better with a 54.54% return vs 11.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DOGG or NVDY?

DOGG is cheaper with a 0.75% expense ratio, compared with 0.99% for NVDY.

Which ETF pays a higher dividend yield, DOGG or NVDY?

NVDY has the higher dividend yield at 61.36%, compared with 8.90% for DOGG.

What is the main difference between DOGG and NVDY?

DOGG is categorized as Derivative Income, while NVDY is Options Trading. They also come from different issuers: FT Vest and YieldMax. Their fees differ too: 0.75% for DOGG and 0.99% for NVDY.

Which has better risk-adjusted returns?

NVDY currently has the higher Sharpe Ratio (1.72 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.